China Automotive Systems

China Automotive Systems, Inc. is a holding company, which engages in the manufacture and sale of automotive products, through its subsidiaries. It operates through the following geographical segments: Henglong, Jiulong, Shenyang, Wuhu, Hubei Henglong, Henglong KYB, and Other Entities. It also supplies power steering systems and component. The company was founded on June 29, 1999 and is headquartered in Wuhan, China.

Earnings data Q4 2020

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Earnings data Q3 2024

China Automotive Systems (CAAS) excels in Q2 amidst market challenges

China Automotive Systems (CAAS) delivered robust Q2 2024 results, driven by strong sales growth and profitability despite market challenges.
The company's focus on EPS products, dividend declaration, and revenue guidance reaffirm its financial stability and strategic direction.
While navigating market headwinds, CAAS has opportunities to capitalize on positive industry trends, strengthen customer relationships, and drive innovation for long-term success.

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WUHAN, China , May 5, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2023, on Friday,  May 12, 2023, before the market opens. Management will conduct a conference call on May 12 th at 8:00 A.M.

China Automotive Systems to Announce Unaudited 2023 First Quarter Financial Results on May 12, 2023

China Automotive Systems recently announced Q4 FY22 and FY22 results. Despite several challenges, their top and bottom line grew in FY22, which is a positive sign.

China Automotive Systems: Invest In This Chinese Stock For Long-Term Gains

China Automotive Systems, Inc. (NASDAQ:CAAS ) Q4 2022 Earnings Conference Call March 30, 2023 8:00 AM ET Company Participants Kevin Theiss - Investor Relations Jie Li - Chief Financial Officer Conference Call Participants William Gregozeski - Greenridge Global Operator Good morning everyone and welcome to the China Automotive Systems' Fourth Quarter and Fiscal Year 2022 Conference Call. At this time, all participants are in a listen-only mode.

China Automotive Systems, Inc. (CAAS) Q4 2022 Earnings Call Transcript

- Electric Power Steering ("EPS") Sales Increased by 35.6% in 2022 - WUHAN, China , March 30, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2022. Fourth Quarter 2022 Highlights Net sales were $128.8 million Gross profit increased by 26.9% to $25.0 million from $19.7 million.

China Automotive Systems Reports a 91.7% Increase in Diluted Net Income Per Share in Fiscal Year 2022

WUHAN, China , March 22, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth ended December 31, 2022, on Thursday,  March 30, 2023, before the market opens.  Management will conduct a conference call on March 30 th at 8:00 A.M.

China Automotive Systems to Announce Unaudited 2022 Fourth Quarter and Audited 2022 Year Financial Results on March 30, 2023

The negative consequences of Covid-19 made 2022 a challenging year for CAAS and the Chinese economy. Following the reopening of the Chinese economy, the company rebounded well, and its future is auspicious, courtesy of favorable government policies and improved consumer ability.

China Automotive Systems: Strong Growth Drivers And Business-Friendly Ambience Provide Great Confidence

China Automotive Systems, Inc. successfully applies high-tech R&D to design, manufacture, and sell specialized vehicle components and systems to passenger and commercial vehicle OEMs. Shares will likely move between $7 and $10 over the next 12 months, making the stock a potential opportunity for risk-tolerant retail investors.

Bright Future For China Automotive Systems

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Are Investors Undervaluing China Automotive Systems (CAAS) Right Now?

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Why Fast-paced Mover China Automotive Systems (CAAS) Is a Great Choice for Value Investors

China Automotive Systems (CAAS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

China Automotive Systems (CAAS) Soars 9.8%: Is Further Upside Left in the Stock?

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Despite Fast-paced Momentum, China Automotive Systems (CAAS) Is Still a Bargain Stock

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China Automotive Systems, Inc.'s big design contract win with BYD Company will be a big tailwind for the company going forward. The share price of China Automotive Systems shot up after its earnings report, which included the probability of doing more business with BYD.

China Automotive Systems: Volatile, Upward Growth Trajectory Lies Ahead

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Is China Automotive Systems (CAAS) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

WUHAN, China , Dec. 12, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it has introduced a new series of Electric Power Steering ("EPS") systems for the largest Chinese EV producer, BYD Auto ("BYD"). After 18 months of preparation and close collaboration between both R&D teams, CAAS won design contracts for C-EPS, DP-EPS and R-EPS from BYD for all its series of products.

China Automotive Systems Launches New Electric Power Steering Systems for BYD

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News for China Automotive Systems Stock (CAAS)